Analysis of favorable factors to promote the development of LED lighting engineering industry

1.Strong support of national policies

2.Urbanization promotes the development of LED lighting engineering industry

3.Reflection and upgrading of intrinsic value of urban landscape lighting

4.Application of new technology and new products

5.High speed development of upstream LED industry

Analysis of unfavorable factors affecting LED lighting engineering industry

1.Business model requires high liquidity of Companies in the industry

2.The influence of raw material price fluctuation and labor cost

3.Market competition is intensifying

4.Lack of high-end professional and technical talents